Czech governor wants central bank to add bitcoin to reserves

The governor of the Czech Nationwide Financial institution has mentioned he’ll ask its board this week to contemplate including bitcoin to its reserves to diversify the CNB’s portfolio.

Chatting with the Monetary Instances in the present day (January 29), Aleš Michl mentioned that if the board permitted the plan, the CNB may maintain as a lot as 5% of its €140 billion ($146.13 billion) of reserves within the cryptocurrency.

“For the diversification of our property, bitcoin appears good,” he mentioned. He nonetheless recognised the dangers and mentioned he was “prepared”

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